[ANN][KARM] Karma / ₭ / X11

[crackfoo]

Come get your KARM!

Now with individual worker stats! See your submitted/invalid shares as well as hashing speed!



http://www.hasher.ca

2% fee PROP reward system
DDoS Protected
High Performance Backend
Simple setup and usage
ProfitPorts (beta testing now)

To mine:

Username: your KARM wallet address OR your generated Global Key
Password: anything
URL (vardiff): stratum+tcp://stratum.hasher.ca:3404

KARM go straight to your wallet once the block is confirmed. We don't hold your KARM (>100)!

Cheers and Happy Hashing!

[kosmost]

Yes.. it's amazing what some people expect within a short amount of time.

We have done AMAZING things in the past few weeks. A lots of firsts, too. And this is only the beginning.

Karmacoin was introduced in February. The new team just started working from about March 4.

Please do not expect everything to be working 100% at this point. Everything is in beta, even if it doesn't scream out "BETA"

Personally, and as stated a few times, I like to move fast and break things, re-iterate, get feedback, and evolve the product/service.

For me, if it's not broken that means you haven't really touched it.

When things are "final" and ready for prime time you will know. But it's not now (of course). We are still in infancy.

If you would like to do more than typing on this forum and help on Karma or any project, please feel free to let me know.

[ranlo]

Yes.. it's amazing what some people expect within a short amount of time.

We have done AMAZING things in the past few weeks. A lots of firsts, too. And this is only the beginning.

Karmacoin was introduced in February. The new team just started working from about March 4.

Please do not expect everything to be working 100% at this point. Everything is in beta, even if it doesn't scream out "BETA"

Personally, and as stated a few times, I like to move fast and break things, re-iterate, get feedback, and evolve the product/service.

For me, if it's not broken that means you haven't really touched it.

When things are "final" and ready for prime time you will know. But it's not now (of course). We are still in infancy.

If you would like to do more than typing on this forum and help on Karma or any project, please feel free to let me know.

I want to toss out a huge thanks to you for what you've done for the project. I've been following a lot of other coins lately, and pretty much all of them are under the impression that all you have to do is release a coin and it will gain value. You've been doing what I keep trying to push others to do: MAKE the coin gain value.

With that said, I do have a question. What do we need to do to claim the Karmashares for what's in our wallet? Do we need to contact you with a signature to link up our BTC address or how does that work?

[cryptowho]

http://www.reddit.com/r/KarmaTeam/comments/263ki7/did_you_know_that_you_could_mine_karma_with_your/

You can mine some nice karma with you CPU while you do other stuff. above is a detailed step. a bit of a messy text but it should show each step. eventually i will clean this up a bit and make it more enjoyable to read. : )


Some easy steps for miners :

1. Download newest optimized CPU miner , i recomend pooler's https://bitcointalk.org/index.php?topic=55038.0

2. set up a .bat file in the same folder root that you unziped the above miner. In my example i am using altcoin's pool as

Code:

"minerd -a scrypt -o stratum+tcp://p2pool.altcoin.dk:9435 -u <your_wallet_address> -p <your_own_pass> "

3.

4. Moon !


retweet this:  https://twitter.com/cryptowho/status/469019752011010049

[Delaforetnoire]

I sell my 2xR9 280X rig for 200 000 000 Karma or 2 BTC ! Worldwide shipping at your cost.

More details here :
http://www.reddit.com/r/KarmaTeam/comments/263pp6/i_sell_my_1445_khs_scrypt_rig_for_karmabtc/

[huige007]

Everything is fine. Good. KARM

[altcoingood]

I sell my 2xR9 280X rig for 200 000 000 Karma or 2 BTC ! Worldwide shipping at your cost.

More details here :
http://www.reddit.com/r/KarmaTeam/comments/263pp6/i_sell_my_1445_khs_scrypt_rig_for_karmabtc/

you want $1000 for your cards? holy crap.

edit: never mind, i see it's for a full miner, not just the cards.

[Delaforetnoire]

I sell my 2xR9 280X rig for 200 000 000 Karma or 2 BTC ! Worldwide shipping at your cost.

More details here :
http://www.reddit.com/r/KarmaTeam/comments/263pp6/i_sell_my_1445_khs_scrypt_rig_for_karmabtc/

you want $1000 for your cards? holy crap.

edit: never mind, i see it's for a full miner, not just the cards.

Sure And it is more about 900$

[altcoingood]

I sell my 2xR9 280X rig for 200 000 000 Karma or 2 BTC ! Worldwide shipping at your cost.

More details here :
http://www.reddit.com/r/KarmaTeam/comments/263pp6/i_sell_my_1445_khs_scrypt_rig_for_karmabtc/

you want $1000 for your cards? holy crap.

edit: never mind, i see it's for a full miner, not just the cards.

Sure And it is more about 900$

Did you check prices? BTC just went to $500

OKCoin exchange has had a lot of btc volume last night.

[BitTanker]

Do not leave all or large amount of your coins in exchanges.

1. Secure. (We have seen some cases)
2. (Now hold in the wallet) Invest in karmashares.
3. Market moves more easily.

 

[p4r4m0un7]

Vote for karma, already 3rd place https://comkort.com/vote#KARM   

p.s.   "If you are a registered user, you can cast your vote up to 3 times/hour."

I suggest that we push for Poloniex.

[Chargin]

Fellow Karmanians there is a POLL going on, make your voice heard.

http://karmashare.me/index.php?do=/poll/21/should-karmashares-llc-be-the-first-crypto-corp-to-offer-3rd-party-support-/

This is about the suggestion of dogeyo_to_tokyo in our subreddit http://www.reddit.com/r/Karmashares/comments/25zv9r/out_of_the_blue_paypal_rep_might_have_gave_some/.


Let us sort this out and if profitable, let us grab this.

I like the idea however the limits of how much is covered and protections put in place need to be very carefully considered. The potential for abuse could be huge.

The primary benefit (in addition to media attention) is we would be making eBay a viable but expensive exchange for Karma. It would be a direct, trustable, easy to understand link from fiat to Karma. This is one of the key things that Karma needs.

However the issue is eBay's current stance is that all "Virtual Currency" transactions should be listed as Classified Ads. This means that all the transactions are actually done outside of eBay and PayPal. There are no buyer OR seller protections.

Although eBay has expressed a willingness to work with crytpocurrencies Karma doesn't have enough market capitalisation to warrant eBay's review of any proposal especially if eBay can't easily duplicate it with other cryptocurrencies.

By implementing a system to protect one of the parties (I suggest the buyer) it is possible to make the transactions relatively safe for both parties as long as the seller puts its own protections in place. The only issue is the seller will need to make a payment method available so that the buyer can prove that they sent the funds but in a way that the funds transfer can't be reversed. I do not believe PayPal will make an exception for Karma just because the Company is backing the transaction. The block chain can be used to prove the seller has sent Karma. It should be the seller that pays for the service of the Company and as a result of this can charge a higher amount for their Karma. Importantly we are not required to work with eBay or PayPal to implement this.

The real drawbacks are:
1. Who in the Company has the time to run this;
2. Which seller do you trust enough to back them; and
3. Isn't this exactly the same as any off market sale of Karma except the buyer found the seller on eBay?

I've voted yes but there needs to be a real plan in place before it can be discussed properly.

Chargin.

[BitTanker]

https://twitter.com/BitTanker follow me

 

[cryptowho]

Vote for karma, already 3rd place https://comkort.com/vote#KARM   

p.s.   "If you are a registered user, you can cast your vote up to 3 times/hour."

I suggest that we push for Poloniex.

agreed

[ranlo]

Fellow Karmanians there is a POLL going on, make your voice heard.

http://karmashare.me/index.php?do=/poll/21/should-karmashares-llc-be-the-first-crypto-corp-to-offer-3rd-party-support-/

This is about the suggestion of dogeyo_to_tokyo in our subreddit http://www.reddit.com/r/Karmashares/comments/25zv9r/out_of_the_blue_paypal_rep_might_have_gave_some/.


Let us sort this out and if profitable, let us grab this.

I like the idea however the limits of how much is covered and protections put in place need to be very carefully considered. The potential for abuse could be huge.

The primary benefit (in addition to media attention) is we would be making eBay a viable but expensive exchange for Karma. It would be a direct, trustable, easy to understand link from fiat to Karma. This is one of the key things that Karma needs.

However the issue is eBay's current stance is that all "Virtual Currency" transactions should be listed as Classified Ads. This means that all the transactions are actually done outside of eBay and PayPal. There are no buyer OR seller protections.

Although eBay has expressed a willingness to work with crytpocurrencies Karma doesn't have enough market capitalisation to warrant eBay's review of any proposal especially if eBay can't easily duplicate it with other cryptocurrencies.

By implementing a system to protect one of the parties (I suggest the buyer) it is possible to make the transactions relatively safe for both parties as long as the seller puts its own protections in place. The only issue is the seller will need to make a payment method available so that the buyer can prove that they sent the funds but in a way that the funds transfer can't be reversed. I do not believe PayPal will make an exception for Karma just because the Company is backing the transaction. The block chain can be used to prove the seller has sent Karma. It should be the seller that pays for the service of the Company and as a result of this can charge a higher amount for their Karma. Importantly we are not required to work with eBay or PayPal to implement this.

The real drawbacks are:
1. Who in the Company has the time to run this;
2. Which seller do you trust enough to back them; and
3. Isn't this exactly the same as any off market sale of Karma except the buyer found the seller on eBay?

I've voted yes but there needs to be a real plan in place before it can be discussed properly.

Chargin.

This is a very difficult thing to vote on right now, without knowing more specifics. Someone would have to come up with a very solid plan for me to say yes, because it's a risky endeavor even if everything is set up properly.

If someone wants to work on a real business plan for it, I'd definitely use that to cast my vote.

[kosmost]

Fellow Karmanians there is a POLL going on, make your voice heard.

http://karmashare.me/index.php?do=/poll/21/should-karmashares-llc-be-the-first-crypto-corp-to-offer-3rd-party-support-/

This is about the suggestion of dogeyo_to_tokyo in our subreddit http://www.reddit.com/r/Karmashares/comments/25zv9r/out_of_the_blue_paypal_rep_might_have_gave_some/.


Let us sort this out and if profitable, let us grab this.

I like the idea however the limits of how much is covered and protections put in place need to be very carefully considered. The potential for abuse could be huge.

The primary benefit (in addition to media attention) is we would be making eBay a viable but expensive exchange for Karma. It would be a direct, trustable, easy to understand link from fiat to Karma. This is one of the key things that Karma needs.

However the issue is eBay's current stance is that all "Virtual Currency" transactions should be listed as Classified Ads. This means that all the transactions are actually done outside of eBay and PayPal. There are no buyer OR seller protections.

Although eBay has expressed a willingness to work with crytpocurrencies Karma doesn't have enough market capitalisation to warrant eBay's review of any proposal especially if eBay can't easily duplicate it with other cryptocurrencies.

By implementing a system to protect one of the parties (I suggest the buyer) it is possible to make the transactions relatively safe for both parties as long as the seller puts its own protections in place. The only issue is the seller will need to make a payment method available so that the buyer can prove that they sent the funds but in a way that the funds transfer can't be reversed. I do not believe PayPal will make an exception for Karma just because the Company is backing the transaction. The block chain can be used to prove the seller has sent Karma. It should be the seller that pays for the service of the Company and as a result of this can charge a higher amount for their Karma. Importantly we are not required to work with eBay or PayPal to implement this.

The real drawbacks are:
1. Who in the Company has the time to run this;
2. Which seller do you trust enough to back them; and
3. Isn't this exactly the same as any off market sale of Karma except the buyer found the seller on eBay?

I've voted yes but there needs to be a real plan in place before it can be discussed properly.

Chargin.

This is a very difficult thing to vote on right now, without knowing more specifics. Someone would have to come up with a very solid plan for me to say yes, because it's a risky endeavor even if everything is set up properly.

If someone wants to work on a real business plan for it, I'd definitely use that to cast my vote.

It's just something that's being considered for further discovery. There are many things to think about with this, as you know.

Nothing has been decided yet, of course. But it's good to get feedback from the community to see what we might think about it

[ranlo]

It's just something that's being considered for further discovery. There are many things to think about with this, as you know.

Nothing has been decided yet, of course. But it's good to get feedback from the community to see what we might think about it

If the idea is fully fleshed out and makes business sense, I am all for it. I think it's a great idea, and if it worked out it could be a game changer. So I believe that it's definitely worth pursuing (if nothing other than the idea and trying to find a way to make it work out). BUT, I think we need to be careful with it. It's easy to make a small mistake in that business and cost the company all of its holdings.

[cryptowho]

http://www.reddit.com/r/KarmaTeam/comments/263ki7/did_you_know_that_you_could_mine_karma_with_your/

You can mine some nice karma with you CPU while you do other stuff. above is a detailed step. a bit of a messy text but it should show each step. eventually i will clean this up a bit and make it more enjoyable to read. : )


Some easy steps for miners :

1. Download newest optimized CPU miner , i recomend pooler's https://bitcointalk.org/index.php?topic=55038.0

2. set up a .bat file in the same folder root that you unziped the above miner. In my example i am using altcoin's pool as

Code:

"minerd -a scrypt -o stratum+tcp://p2pool.altcoin.dk:9435 -u <your_wallet_address> -p <your_own_pass> "

3.

4. Moon !


retweet this:  https://twitter.com/cryptowho/status/469019752011010049

bump : )

[CatKiwi]

Karm looking DAMN fine today! Big, respectable buys coming in from people who have finally realised the potential of this magnificent creation haha

I've was PM'd yesterday by a dev of another coin that three guys who made a killing on the PND and DRK pumps are looking at buying into Karm. Looking at those 100 and 40 LTC buys I would say one of em has already started haha

Nethash looking real healthy as well, good things!

[cryptowho]

Karm looking DAMN fine today! Big, respectable buys coming in from people who have finally realised the potential of this magnificent creation haha

I've was PM'd yesterday by a dev of another coin that three guys who made a killing on the PND and DRK pumps are looking at buying into Karm. Looking at those 100 and 40 LTC buys I would say one of em has already started haha

Nethash looking real healthy as well, good things!